Georgia Investment Group Acquires The Sherwin-Williams Center In New Lenox For $2.6M
1080 East Lincoln Highway
$2,600,000
Building Size
—
Asset Type
Retail
Closing
Jan 22, 2026
AI
The Sherwin-Williams Center is a two-tenant retail property located at 1040-1080 East Lincoln Highway in New Lenox, Illinois. The asset was sold for $2.6 million and is leased to Sherwin-Williams and Don Jose’s. It is noted as a retail property in the New Lenox market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,600,000
- Address: 1040-1080 East Lincoln Highway
- Market: New Lenox
- Broker: Jason St. John - Greenstone Partners
- Acquirer: Georgia-based investment group
Jason St. John represented the property in this transaction through Greenstone Partners, facilitating the sale to the investment group based in Georgia.
New Lenox Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93